Kumul Petroleum Holdings progresses fabrication facility – signs operations agreement and design engineering contract
On the 10th of March, Kumul Petroleum Holdings Limited and Fabtech International, a Dubai based Fabrication Facility Operator, signed a management and operations agreement for a Fabrication Facility to be…
Homegrown Towage & Marine Services for PNG and Beyond
Founded in Papua New Guinea in 1977 with just one tugboat, Pacific Towing (PacTow) is now firmly established as Melanesia’s marine services market leader. Part of the Logistics Division of…
Papua New Guinea’s Largest Logistics Co Re-Fleets
Papua New Guinea’s oldest business group, Steamships Trading Company Ltd, has invested millions in its Logistics Division in re-fleeting and new equipment with several million more to be expended prior…
Technip Energies and Clough to Perform FEED for TotalEnergies Papua LNG Upstream Production Facilities
Technip Energies, leader of a consortium with Clough, has been selected to perform the Front End Engineering Design (FEED) for TotalEnergies’ Papua LNG project’s upstream production facilities in Papua New…
PacTow Expands its Tug Fleet Again!
Melanesian marine services company, Pacific Towing (PacTow), has added yet another tug to its fleet. The Azimuth Stern Drive (ASD) tug ‘Tavurvur’ is a specialised harbour tug and will be…
FUGRO AND NATIONAL MARITIME SAFETY AUTHORITY IMPROVE PAPUA NEW GUINEA’S NAVIGATION SAFETY
Working with the National Maritime Safety Authority (NMSA) and with funding from the Asia Development Bank (ADB), Fugro has completed a hydrographic survey to determine a safe channel through the…
Steamships Welcomes Vele Rupa as General Manager Corporate Affairs
Steamships has announced the appointment of Mr Vele Rupa as General Manager Corporate Affairs replacing Mr David Toua who moves on to be Chairman of the Central Bank of PNG…
Building Procurement that Benefits PNG
It is readily accepted that prefabricated and modular building systems are better suited to Papua New Guinea than conventional modes of building. This is especially so for remotely located resource…
Resource Sector’s Preferred Camp Provider
Prefabricated modular building supplier, Ark Pacific, continues to increase its market share in the provision of camps across PNG’s resource sector. With a low freight footprint (up to 75 percent…
Barrick and Papua New Guinea sign new Porgera Shareholders’ Agreement
Barrick Gold Corporation – A new shareholders’ agreement has been signed by Barrick Niugini Limited (BNL) and the State of Papua New Guinea’s (PNG) nominee, Kumul Mineral (Porgera) Limited. The shareholders’ agreement…
TWM PNG Limited Granted The Highest Level Of Environment Permit That Can Be Issued Under The PNG Environment ACT 2000
TWM Group, a local SME business in the waste and environmental services sector operating in PNG, was recently presented with a Level 3 Environment Permit (EPL-485) by the Conservation and…
Radisson Hotels Coming to Papua New Guinea – Grand Papua Hotel Joins Radisson Individuals
Coral Sea Hotels has announced an exciting new partnership with Radisson Hotel Group for Grand Papua Hotel to become a member of Radisson Individuals. As a member of Radisson Individuals,…
P’nyang Joint Venture and Papua New Guinea Sign P’nyang Gas Agreement
On 22 February 2022, the Independent State of Papua New Guinea and the P’nyang Project co-venturers, including Esso PNG P’nyang Limited and Ampolex (Papua New Guinea) Limited together with affiliates…
Milestone gas agreement executed for P’nyang Project
Santos has joined the Papua New Guinea Government and P’nyang project participants (affiliates of ExxonMobil and JX Nippon) to execute a gas agreement that provides a clear framework for P’nyang’s…
PacTow ‘Workhorse’ Back in the Water
Pacific Towing (PacTow) is celebrating the return of its tug ‘Waiowa’ to the water. One of PacTow’s 12 tugs, Waiowa is back at work following an engine replacement. Predominantly used…